Trading surged on the Jamaica Stock Exchange on Tuesday following the listing of Woodcats International with the company accounting for more than 32.5 million shares and NCB Financial with 22.3 million shares with a value of $969 million, resulting in the volume of stocks that were exchanged, jumping well above trading on Monday, Trading close with all three markets ending with the major indices declining. At the end of trading, prices of 35 shares rose, 43 declined and 27 remained firm.
At the close of the market, the JSE Combined Market Index skidded 2,178.83 points to 353,358.94, the All Jamaican Composite Index dropped 2,623.06 points to end at 402,828.29, the JSE Main Index shed 2,170.93 points to finish at 343,903.06, the Junior Market Index fell 14.38 points to conclude trading at 3,417.38 and the JSE USD Market Index skidded 8.49 points to 279.93.
At the close of trading, 77,758,205 shares were exchanged in all three markets, up from just 18,672,192 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $1.08 billion, up from a mere $94.9 million on the previous day. The JSE USD market closed with an exchange of 124,111 shares for US$19,989, down sharply from 1,213,201 units at US$898,871 on Monday.
In Main Market activity, NCB Financial led trading with 22.28 million shares followed by Transjamaican Highway with 2.51 million stocks and Wigton Energy was next with 1.11 million units.
In Junior Market trading, newly listed, Woodcats International led with 32.52 million shares followed by Kintyre Holdings with 9.78 million stocks and Future Energy with 1.64 million units.
In the preference segment, Jamaica Public Service 7% popped $4.94 to $43, 138 Student Living preference share advanced $5 to $197 and Sygnus Credit Investments 10% rose $2 in closing at $107.
At the close of the market, the market’s PE ratio averaged 14.9, is computed using projected 2026-27 earnings and 15.9 based on 2025 historical earnings, excluding any major one-time income or expense. The PE ratio is one of the most popular measures for valuing shares and is calculated by dividing the stock price by the company’s earnings per share. The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to assist decision-making. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, with easy comparisons within sectors and the overall market.
Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used in decision-making, especially when investing around the sector average, and not going too far from it unless compelling reasons exist. This approach reduces emotion from investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not be inclined to overpay. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and percentage year to date price movements based on the last traded price. Dividends that are paid or due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.